Why Lululemon Has Room to Run
Posted on March 07, 2012 at 14:11 PM EST
When a stock has had the run Lululemon has had - up 40 percent so far this year - it is worth questioning how far it can go from there. Clearly, Credit Suisse analyst Christian Buss expects the trend to continue. Buss upgraded Lululemon shares to outperform from neutral Wednesday, citing increasing confidence in the athletic apparel retailer's ability to continue to sustain its double-digit same-store sales growth.